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Students May Get Financial Windfall after July 1

As a result of far-reaching changes in financial aid grant and loan programs low-income students and recent college graduates may reap dramatic gains which will begin form July 1st. While attention has been received by some of the gains such as a significant hike in Pell Grants. Among all other changes one of the most significant changes is the introduction of income-based repayment. With these incomes based repayments students can considerably reduce their monthly payments which are based on

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